NOT LISTED FOR SALE

53 Washington Square Unit 2 Salem, MA 01970

Salem Common Neighborhood

Estimated Value: $556,000 - $682,600

2 Beds
2 Baths
1,021 Sq Ft
6,795 Sq Ft Lot

Last Sold June 28, 2012

Last sale price $317,000 $310 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,117/month

400 Days on Market

Highlights

  • Waterfront
  • Forced Air Heating and Cooling System
  • 3-minute walk to Salem Common
  • Deck
  • Garden Home

About This Home

As of June 2012

Developed by the recipients of "Historic Salem Annual Award" for 2010, this condo renovation is the newest in high end developments. Located on the Common, this 2 bedroom, 2 bath unit offers all the amenities you would expect plus more....exclusive deck, 2 car deeded parking, central a/c, in unit laundry, deeded storage. Full of light throughout.

Last Listed By

Merry Fox Team

MerryFox Realty Listed on: 05/24/2011

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,321

Year Built

  • Built in 1850

Lot Details

  • Waterfront
  • Two or More Common Walls

Home Design

  • Garden Home
  • Frame Construction

Interior Spaces

  • 1,021 Sq Ft Home
  • 1-Story Property
  • Laundry on upper level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking
  • Deeded Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • 4 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,321

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1850
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Second
  • Room Kitchen Level: Second
  • Laundry Features: Second Floor
  • Room Living Room Level: Second
  • Living Area: 1021
  • Stories Total: 1
  • MAIN LO: C95279
  • LIST PRICE PER Sq Ft: 323.11
  • PRICE PER Sq Ft: 310.48
  • MAIN SO: AC0959

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Patio And Porch Features: Deck
  • Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public, City/Town Water, City/Town Sewer
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 200
  • Association YN: Yes
  • UNIT BUILDING: 2

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 000

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2011
  • Tax Book Number: 000

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2018
Sold by
Antell Nancy J
Bought by
Carroll Jane
Total Days on Market
400
Current Estimated Value
$632,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,250
Outstanding Balance
$290,523
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$342,127

Purchase Details

Listed on
Nov 30, 2011
Closed on
Mar 28, 2012
Sold by
53 Washington Square T
Bought by
Antell Nancy J
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Amanda Armstrong
Compass
List Price
$339,000
Sold Price
$327,000
Premium/Discount to List
-$12,000
-3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Original Mortgage
$75,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 18, 2011
Sold by
Stream Paul P and Stream
Bought by
53 Washington Sq N Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$703,070
Interest Rate
4.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2008
Sold by
Stream Paul P
Bought by
Marcey Tr Robert A

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carroll Jane $477,500 --
Carroll Jane $477,500 --
Antell Nancy J $327,000 --
53 Washington Sq N Llc $460,000 --
53 Washington Sq N Llc $460,000 --
Stream Paul P -- --
Marcey Tr Robert A -- --
Marcey Tr Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carroll Jane $334,250
Closed Marcey Tr Robert A $334,250
Previous Owner Marcey Tr Robert A $75,000
Previous Owner Stream Paul P $703,070
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2012 06/28/12 Sold $317,000 -3.9% $310 / Sq Ft
06/27/2012 06/27/12 Pending -- -- --
03/30/2012 03/30/12 Price Changed $329,900 +0.9% $323 / Sq Ft
03/28/2012 03/28/12 Sold $327,000 -3.5% $246 / Sq Ft
03/27/2012 03/27/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $339,000 +1.2% $255 / Sq Ft
01/26/2012 01/26/12 Pending -- -- --
12/19/2011 12/19/11 For Sale $334,900 -1.2% $328 / Sq Ft
12/08/2011 12/08/11 Price Changed $339,000 -7.1% $255 / Sq Ft
11/30/2011 11/30/11 For Sale $364,900 +9.0% $275 / Sq Ft
07/12/2011 07/12/11 Pending -- -- --
05/24/2011 05/24/11 For Sale $334,900 -- $328 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,321 $645,600 $0 $645,600
2024 $7,125 $613,200 $0 $613,200
2023 $6,928 $553,800 $0 $553,800
2022 $6,743 $508,900 $0 $508,900
2021 $6,635 $480,800 $0 $480,800
2020 $6,510 $450,500 $0 $450,500
2019 $6,193 $410,100 $0 $410,100
2018 $5,606 $364,500 $0 $364,500
2017 $5,500 $346,800 $0 $346,800
2016 $5,204 $332,100 $0 $332,100
2015 $5,209 $317,400 $0 $317,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71237705

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000076-000802-000802